Stocks traded as a percentage of market capitalisation reached 62.7 % in 2019 in Spain, according to OECD. This is 27.2 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Spain reached an all time high of 318 % in 2001 and an all time low of 5.36 % in 1980.
Spain has been ranked 9th within the group of 71 countries we follow in terms of stocks traded as a percentage of market capitalisation, 8 places above the position seen 10 years ago.
Turnover ratio is the total value of shares traded during the period divided by the average market capitalisation for the period.